£243,961
This estimated value is based upon the latest sale price for the house of £168,000 on 6 Jun 2015. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £168,000 | 6 Jun 2015 |
| £147,500 | 24 Aug 2005 |
| £76,000 | 20 Apr 2001 |
| £57,000 | 16 Apr 1999 |
| £55,000 | 17 Apr 1998 |
| £53,500 | 27 Aug 1997 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 sq feet |
This model uses changes in the Official Land Registry House Price Index for ISLE OF WIGHT to estimate the market value.
When this house was purchased in June 2015 the House Price Index for ISLE OF WIGHT was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £168,000 results in an estimated price of approximately £243,961.
| 6 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £168,000 | £75,961 | £243,961 |
The Postcode Pricing Model uses changes in average sales price within the PO33 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 10.581 % | £17,776 | £185,776 |
| 3 Month Average | 64.060 % | £107,621 | £275,621 |
| 6 Month Average | 51.904 % | £87,198 | £255,198 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £324,145 | £320,000 | 131 BINSTEAD LODGE ROAD |
| 26 Jan 2022 | £347,295 | £330,000 | 135 BINSTEAD LODGE ROAD |
| 21 Jan 2022 | £289,412 | £275,000 | 137 BINSTEAD LODGE ROAD |
| 30 Jun 2021 | £295,054 | £275,000 | 23 BIRCH GARDENS |
| 15 Dec 2020 | £189,373 | £165,000 | 8 FLEET CLOSE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 18 Aug 2016. Using an estimated price of £243,961 means this house is valued at £2,772 per sq meter (£257 per sq foot).
The average size of a house on SOLENT GARDENS is 91 sq meters (982 sq feet).
This house is the largest in the street with a floor area of 88 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Solent Gardens |
| Jan 2024 | Anti-social behaviour | On or near Solent Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Solent Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Solent Gardens | |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Fleet Close |